PropertyInvesting.com | Vardy | Activity https://www.propertyinvesting.com/members/adamv/activity/ Activity feed for Vardy. Fri, 17 Apr 2026 12:40:50 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 ffe07e6a172afd2b22f490bc6f30b543 Vardy replied to the topic Sell PPOR and start over or convert to investment and rent in the forum Help Needed! https://www.propertyinvesting.com/topic/5020567-sell-ppor-and-start-over-or-convert-to-investment-and-rent/page/2/#post-5020753 Thu, 25 Feb 2016 00:04:36 +0000 Thanks TheNewGuy, I don’t really know much about all of that at this stage, but definitely something I’ll educate myself further on.

]]> 0d12fbfd7ad0ecb3ca192b3ebb023631 Vardy replied to the topic Sell PPOR and start over or convert to investment and rent in the forum Help Needed! https://www.propertyinvesting.com/topic/5020567-sell-ppor-and-start-over-or-convert-to-investment-and-rent/#post-5020710 Wed, 24 Feb 2016 05:03:46 +0000 That’s pretty much my predicament, I’m unsure what will be best. I want to eventually relocate to Melbourne for family reasons, but in the mean time, if I was to rent the property out and rent a property locally for myself, it would cost me more to rent than just staying in the property on my current IO loan repayments. I know it isn’t really…[Read more]

]]> 56eaa6d98832b8a61ab117af7f904bc6 Vardy replied to the topic Sell PPOR and start over or convert to investment and rent in the forum Help Needed! https://www.propertyinvesting.com/topic/5020567-sell-ppor-and-start-over-or-convert-to-investment-and-rent/#post-5020704 Wed, 24 Feb 2016 04:29:41 +0000 Thanks for that Benny. I’ll definitely be seeking some further advice on this once I know what course of action I’ll be taking.

]]> f8304e9397ef6b2009e67fa9b1740e96 Vardy replied to the topic Sell PPOR and start over or convert to investment and rent in the forum Help Needed! https://www.propertyinvesting.com/topic/5020567-sell-ppor-and-start-over-or-convert-to-investment-and-rent/#post-5020690 Wed, 24 Feb 2016 02:39:06 +0000 It was a transfer under a family law settlement. That sounds like it would be easier to deal with, just more CGT though. Sounds like it might just be easier to get rid of it while it is still my PPOR.

]]> 3a99dc4a7dd76d5502725b52fbe00396 Vardy replied to the topic Sell PPOR and start over or convert to investment and rent in the forum Help Needed! https://www.propertyinvesting.com/topic/5020567-sell-ppor-and-start-over-or-convert-to-investment-and-rent/#post-5020682 Wed, 24 Feb 2016 01:05:16 +0000 Terryw, that has got me thinking. If I was to rent it out and then sell it, would I pay CGT on the original purchase price, or the price used for the seperation settlement?

I’m assuming the original purchase price, as that would make it in line with the interest deductibility you made me aware of, but just thought I’d clarify.

]]> 8daa049afc04f69b8940df6f93f4fd46 Vardy replied to the topic Sell PPOR and start over or convert to investment and rent in the forum Help Needed! https://www.propertyinvesting.com/topic/5020567-sell-ppor-and-start-over-or-convert-to-investment-and-rent/#post-5020632 Tue, 23 Feb 2016 02:37:32 +0000 Thanks for that Terryw. What kind of professional would I need to seek the services of to get the loan split into the relevant portions – accountant, lawyer?

]]> d3117d7cdc4261d04b4ea002c2818ad2 Vardy replied to the topic Sell PPOR and start over or convert to investment and rent in the forum Help Needed! https://www.propertyinvesting.com/topic/5020567-sell-ppor-and-start-over-or-convert-to-investment-and-rent/#post-5020626 Tue, 23 Feb 2016 01:55:19 +0000 So, when I refinanced to buy my ex-partner out would that be considered a loan to purchase the property, or redrawing equity? At the time it, it was valued by th bank $65,000 more than I originally paid for it. Just considering there was a change of title from both of our names to just my name.

]]> fa894b7c73281b4b93e3ab69f5f72429 Vardy replied to the topic Sell PPOR and start over or convert to investment and rent in the forum Help Needed! https://www.propertyinvesting.com/topic/5020567-sell-ppor-and-start-over-or-convert-to-investment-and-rent/#post-5020626 Tue, 23 Feb 2016 01:55:19 +0000 So, when I refinanced to buy my ex-partner out would that be considered a loan to purchase the property, or redrawing equity? At the time it, it was valued by th bank $65,000 more than I originally paid for it.

]]> afab10915cfd997eb9eceda0c01d84bc Vardy replied to the topic Sell PPOR and start over or convert to investment and rent in the forum Help Needed! https://www.propertyinvesting.com/topic/5020567-sell-ppor-and-start-over-or-convert-to-investment-and-rent/#post-5020624 Tue, 23 Feb 2016 01:43:25 +0000 Thanks for the advice Benny. That has been one thing worrying me. At the moment the variable rate is the same as it was when I went fixed, so it will be just over $1000 to break the contract. I guess other than speculation, I won’t really know until settlement if I did choose to sell. Another reason I think it might be best to hang on to the place for now.

]]> 6fed46f6d5b79da956476fe69691ca2f Vardy replied to the topic Sell PPOR and start over or convert to investment and rent in the forum Help Needed! https://www.propertyinvesting.com/topic/5020567-sell-ppor-and-start-over-or-convert-to-investment-and-rent/#post-5020621 Tue, 23 Feb 2016 00:04:06 +0000 Thanks for the constructive responses guys, I really appreciate it. My $1065+ cash flow was based on some assumptions, and after getting some quotes and rental valuations done, I’d actually be needing to contribute around $45pw if I was to rent it out. So I actually see it as no benefit moving out and renting it out now, as I’ll only be reducing…[Read more]

]]> 7450c93f3cc4a6876f6fd60d42ba2377 Vardy started the topic Sell PPOR and start over or convert to investment and rent in the forum Help Needed! https://www.propertyinvesting.com/topic/5020567-sell-ppor-and-start-over-or-convert-to-investment-and-rent/ Sun, 21 Feb 2016 12:33:16 +0000 Hi all, first time poster here, so apologies in advance if this is in the wrong section.

Firstly a bit of a background on my current situation.

Myself and my partner are keen to get started in property investing, however, we are in a bit of a predicament in getting started. We have our PPOR in Caversham, WA, that is currently at an LVR of around…[Read more]

]]> 03c05d83f24c5d2dd4e8fb61fdd0ef70 Vardy started the topic Sell PPOR and start over or convert to investment and rent in the forum Help Needed! https://www.propertyinvesting.com/topic/5020567-sell-ppor-and-start-over-or-convert-to-investment-and-rent/ Sun, 21 Feb 2016 12:33:16 +0000 Hi all, first time poster here, so apologies in advance if this is in the wrong section.

Firstly a bit of a background on my current situation.

Myself and my partner are keen to get started in property investing, however, we are in a bit of a predicament in getting started. We have our PPOR in Caversham, WA, that is currently at an LVR of around…[Read more]

]]> 1818e6702738893d8a9ff6a63c862b05 Vardy became a registered member https://www.propertyinvesting.com/activity/p/333673/ Sat, 09 Jan 2016 23:02:14 +0000